Word: point
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Dates: during 1970-1979
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...weren't you threatening the lives of the hostages at that point...
This distinction could be crucial, though it has nothing to do with the potential destructiveness of NATO's new weapons. The critical point is that if war came, the Soviets would not be attacked at first by the monumental weapons that are part of the American strategic arsenal. Moscow might be more likely to retaliate against Europe with its own theater nuclear weapons rather than against the U.S. with strategic weapons. While the destruction from a theater nuclear exchange would be tremendous, it would still fall far short of the nuclear holocaust that would almost inevitably consume East...
...Pershing II and cruises were the best solution to the new realities. Furthermore, neither was an entirely new system. Neither could be portrayed as a "terror" weapon like the ill-fated neutron warhead, which in the spring of 1978 had alarmed public opinion in Western Europe to the point where NATO governments hesitated about its deployment and President Carter decided to postpone the project...
...Consumer Price Index continues to steamroll along at 12.7%, but the prime rate, which banks charge their preferred customers, has come down a quarter of a point from its height of 15¾%. There is a feeling on Wall Street that rates have peaked. This has energized the Dow Jones stock market average, which rose eleven points last week, to close at 822, its best performance since the Volcker rally turned into the Volcker rout after...
Many measures of industrial activity are lower today than they were at the beginning of the year. Like theologians discussing how many angels can dance on the point of a needle, economists may argue tirelessly whether there really was a recession in 1979 and when it arrived. But there are many who echo Economist Murray Weidenbaum: "A year from now we will not be debating whether or not we had a recession. It will be clear...